Ver Angola


China wants to “boost” trade with Angola and is preparing an agreement to offer zero tariffs to Angolan products

The Chinese ambassador to Angola, Gong Tao, said this Monday that China wants to “boost Angola's ability to export more” to his country and, therefore, they are negotiating a new customs agreement in which the country Asia will offer zero tariffs to 98 percent of Angolan goods exported to Chinese territory.


Angola is China's second largest trading partner in all of Africa, after South Africa and China remains Angola's largest partner since the last decade, said the ambassador, adding that there is interest in diversifying the products traded.

"We want to boost Angola's capacity to export more to China, which has a large market and an ever-increasing number of middle-class Chinese, offering great potential for everyone in the world," said the diplomat.

Therefore, a new customs agreement is being negotiated in which China will offer zero tariffs to 98 percent of Angolan goods exported to the Asian country, and agreements are also being negotiated in the area of fisheries and agriculture, a sector in which "Angola has a great future", according to Gong Tao.

The Chinese ambassador was received in audience by the President, João Lourenço, with whom he addressed bilateral relations between the two countries, stressing that they are "in a good period of their development", in the year in which the 40th anniversary of China-Angola relations is celebrated.

Among other matters, Gong Tao also highlighted the importance of economic diversification to which the Angolan Government wants to give priority and added that China will analyze and study the national development plan for the next five years, which should be presented soon.

The Chinese ambassador said that the two parties should evaluate new cooperation possibilities in the area of financing, investment and staff training in the second edition of the China-Angola cooperation steering committee.

"Our relations have already borne fruit in the past and will continue to do so", he stressed.

Gong Tao also noted that the growth in trade reached 27 billion dollars last year, a year-on-year increase of 25 percent.

The diplomat also said that after the lifting of restrictions related to covid-19, several business groups have arrived in Angola, highlighting the political and social stability of the country, which shows great potential for Chinese and Angolans to explore new opportunities for cooperation in the area of trade and investment.

"There are several ongoing projects on the Chinese side which has already invited the Angolan side to participate in the third edition of the China-Africa trade and investment fair which will take place in the Chinese province of Hunan between late June and early July", added the official, saying that an Angolan delegation with several businessmen is expected to do a 'road show' to show China the new opportunities that are emerging.

Gong Tao also stressed that the two countries will continue to maintain high-level contacts to further consolidate political relations and boost trade and investment cooperation, as well as help promote peace and stability in international and regional affairs.

"China and Angola have common objectives and have always made efforts to help international partners to reach a peaceful resolution of conflicts", he added.


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